E W Scripps Co SSP

Communication ServicesMedia & PublishingUnited States of America

Last close 2.41 USD on Nov 1, 2026, −34.3% year to date

Quant rating

Quant rating D Rank 96 of 135 in Communication Services

Growth C 54 of 135
Valuation A 11 of 135
Quality D 122 of 135
Revisions C 83 of 135
Momentum C 94 of 135

Wall Street consensus Hold (3.00)Average target 4.93 USD +104.7%

Historical valuation

Multiples use consensus estimates for the next twelve months. The dashed line is the 5-year average.

Key data

Market cap: 243M
Enterprise value: 3.2B
52-week range: 1.93 – 5.38
3-year range: 1.41 – 9.12
Dividend yield: –
Beta (5 years): 0.72
Shares outstanding: 92.7M
Next earnings: Nov 5, 2026

About the company

The E.W. Scripps Company is a diverse media enterprise that serves audiences and businesses through a portfolio of more than 60 local television stations in more than 40 markets and national news and entertainment networks. Its Local Media segment includes more than 60 local television stations and their related digital operations. Its television station group includes approximately 25% of the nation’s television households and includes 18 ABC affiliates, 11 NBC affiliates, nine CBS affiliates and four FOX affiliates. It also has seven CW affiliates-four on full power stations and three on multicast; seven independent stations and 10 additional low power stations. Its Scripps Networks segment includes national news outlets Scripps News and Court TV, as well as entertainment brands ION, Bounce, Defy TV, Grit, ION Mystery and Laff. The networks reach nearly every United States television home through free over-the-air broadcast, cable/satellite, connected TV, and digital distribution.

Growth and profitability

Growth and profitability by fiscal year
	2025	2024	2023	2022	2021	5Y avg
Revenue (mil)	2,151	2,510	2,293	2,453	2,284	–
Revenue growth	−14.3%	9.5%	−6.5%	7.4%	22.9%	3.0%
EPS (basic, normalized)	−2.15	0.76	−8.90	1.22	1.20	–
EPS growth	–	–	–	1.9%	–	–
Gross margin	40.7%	47.4%	44.0%	49.7%	51.6%	46.7%
Net margin	−7.6%	3.5%	−43.5%	5.8%	2.9%	−7.8%
ROE	−7.9%	11.8%	−57.7%	9.6%	7.4%	−7.4%

Balance sheet, last quarter
Cash & short-term investments (mil)	13.0
Current ratio	1.34x
Long-term debt (mil)	2,526
Net debt (mil)	2,932
Total equity (mil)	101
Net debt / equity	29.12x
Net debt / EBITDA	8.85x

Estimates and valuation

Consensus estimates and implied multiples
	Sales (mil)			EBITDA (mil)			EPS
Fiscal year	Mean est.	Growth	EV/Sales	Mean est.	Growth	EV/EBITDA	Mean est.	Growth	P/E
2025 actual	2,151	−14.3%	1.5x	331	−44.7%	9.6x	−2.15	−383.2%	−1.1x
2026	2,190	+1.8%	1.4x	415	+25.4%	7.6x	−8.45	−293.1%	−0.3x
2027	1,990	−9.1%	1.6x	283	−31.8%	11.2x	−1.21	+85.7%	−2.0x
2028	2,243	+12.7%	1.4x	547	+93.1%	5.8x	0.26	+121.5%	9.3x

Estimate revisions

Change in consensus estimates over 1, 3 and 6 months
	Sales				EPS
Fiscal year	Estimate (mil)	1M	3M	6M	Estimate	1M	3M	6M
2026	2,190	+0.1%	−2.0%	−5.1%	−8.45	+0.1%	−3,265.3%	−7,249.0%
2027	1,990	0.0%	−4.1%	−6.8%	−1.21	+1.1%	−99.0%	−22.7%
2028	2,243	0.0%	−7.0%	−7.0%	0.26	0.0%	−80.9%	–

Earnings surprises EPS beat in 1 of the last 4 quarters

Reported results versus consensus, last 10 fiscal quarters
Quarter ended	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales reported (mil)	561	574	646	728	524	540	526	560	517	490
Sales mean (mil)	568	586	625	724	520	545	524	552	517	514
Surprise	−1.2%	−2.1%	+3.5%	+0.6%	+0.8%	−0.8%	+0.4%	+1.5%	0.0%	−4.6%
EPS reported	−0.11	−0.11	0.28	0.69	−0.17	−0.09	−0.41	−0.34	−0.20	−12.68
EPS mean	−0.23	−0.01	0.42	0.74	−0.27	−0.16	−0.28	−0.30	−0.52	−0.39
Surprise	+51.6%	−899.6%	−33.9%	−6.4%	+38.9%	+43.9%	−47.7%	−15.0%	+61.5%	−3,130.6%

Peer comparison Media & Publishing

Peers in the same industry group, by market capitalization
Company	Market cap	Net debt/EBITDA	Net margin	P/B	FY1 P/E	FY2 P/E	FY1 EV/EBITDA	FY2 EV/EBITDA
SSP E W Scripps Co	243M	8.85x	−7.6%	2.41x	−0.3x	−2.0x	7.6x	11.2x
LYV Live Nation Entertainment, Inc.	41.4B	0.79x	−0.2%	503.34x	−451.0x	84.6x	16.2x	14.4x
FOXA Fox Corporation	25.1B	0.66x	9.8%	2.28x	10.7x	10.8x	6.8x	7.2x
ROKU Roku, Inc.	23.0B	−6.08x	1.9%	8.15x	55.4x	40.6x	27.4x	22.0x
OMC Omnicom Group Inc	22.2B	2.41x	−0.3%	2.23x	8.0x	7.1x	6.5x	6.2x
NWSA News Corporation	16.2B	0.39x	6.3%	1.86x	22.1x	20.0x	9.4x	8.7x
Mean		1.17x	1.6%	86.71x	−59.2x	26.9x	12.3x	11.6x
Median		0.73x	0.8%	2.35x	9.3x	15.4x	8.5x	9.9x

Technical analysis

1M−2.6%
3M−14.9%
1Y+6.1%
3Y−49.7%

Financial statements in millions of USD

Income statement in millions of USD, fiscal years

Income statement, E W Scripps Co, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Total revenue	2,151	2,510	2,293	2,453	2,284	1,857
Cost of revenue	1,275	1,321	1,283	1,234	1,106	531
Gross profit	876	1,189	1,010	1,219	1,177	1,327
Selling, general & administrative expenses	563	606	615	623	595	572
Research & development	–	–	–	–	–	–
Depreciation/amortization	151	155	155	160	162	107
Interest expense (income), operating	–	–	–	–	–	–
Unusual expense (income)	−8.8	15.1	993	−1.1	−46.9	19.3
Other operating expenses	0	0	0	0	0	324
Operating income	171	412	−753	437	467	303
Net interest income (expense)	−221	−210	−214	−161	−264	−93.0
Gain (loss) on sale of assets	–	–	–	–	–	–
Other non-operating income (expense)	−69.5	7.8	−0.8	0.7	−15.8	−1.5
Net income before taxes	−120	210	−968	276	187	209
Provision for taxes	−18.6	63.8	−19.7	80.6	71.2	55.5
Minority interest	–	–	–	–	–	0
Equity in affiliates	–	–	–	–	–	–
U.S. GAAP adjustment	–	–	–	–	–	–
Net income before extraordinary items	−101	146	−948	196	116	154
Extraordinary items	–	–	0	0	6.8	116
Net income	−101	146	−948	196	123	269
EBIT, normalized	162	428	240	436	420	323
EBITDA, normalized	313	583	395	596	582	430
Basic EPS, normalized	−2.15	0.76	−8.90	1.22	1.20	–

Balance sheet in millions of USD, fiscal years

Balance sheet, E W Scripps Co, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Assets
Cash & short-term investments	27.9	23.9	35.3	18.0	66.2	576
Receivables	569	568	611	600	573	441
Total inventory	–	–	–	–	–	–
Prepaid expenses	–	–	–	–	–	–
Other current assets	150	38.0	30.2	25.8	62.8	1,077
Total current assets	747	630	676	644	702	2,094
Property, plant & equipment	504	544	554	576	582	395
Goodwill	1,918	1,969	1,969	2,921	2,913	1,203
Intangibles	1,518	1,635	1,727	1,821	1,910	975
Long-term investments	14.4	8.9	23.3	23.1	21.6	14.4
Note receivable	–	–	–	–	–	–
Other long-term assets	307	412	461	446	529	177
Total assets	5,009	5,199	5,410	6,431	6,658	4,859
Liabilities
Accounts payable	63.4	101	76.4	82.7	83.9	68.1
Payable/accrued	–	–	–	–	–	–
Accrued expenses	170	167	156	148	174	167
Short-term debt	0	0	0	0	0	0
Current portion of long-term debt	8.9	15.6	15.6	19.0	18.6	10.6
Other current liabilities	211	199	230	235	235	113
Total current liabilities	454	482	478	485	512	358
Long-term debt	2,617	2,592	2,927	2,882	3,129	2,923
Minority interest	–	–	–	–	–	–
Other liabilities	692	807	849	933	1,047	414
Total liabilities	3,763	3,881	4,254	4,300	4,688	3,696
Shareholders' equity
Preferred stock	419	417	415	412	410	0
Common stock	0.9	0.9	0.8	0.8	0.8	0.8
Additional paid-in capital	1,467	1,452	1,439	1,445	1,428	1,131
Retained earnings (accumulated deficit)	−577	−476	−622	351	205	132
Treasury stock	–	–	–	–	–	–
Other equity	−64.4	−75.3	−75.5	−77.5	−73.9	−100
Total equity	1,246	1,318	1,156	2,131	1,970	1,163
Total liabilities & shareholders' equity	5,009	5,199	5,410	6,431	6,658	4,859

Cash flow statement in millions of USD, fiscal years

Cash flow statement, E W Scripps Co, fiscal years, most recent first
	2025	2024	2023	2022	2021	2020
Operating activities
Net income	−101	146	−948	196	123	269
Depreciation, depletion & amortization	151	155	155	160	162	107
Deferred taxes	−21.1	−0.1	−63.7	12.9	9.7	80.6
Non-cash items	48.2	8.7	1,005	5.1	6.1	−197
Changes in working capital	−23.9	55.7	−36.8	−62.9	−63.5	17.1
Cash from operations	53.1	366	112	311	237	277
Investing activities
Capital expenditures	−46.6	−65.3	−59.6	−45.8	−61.2	−46.8
Other investing cash flows	34.4	38.7	−1.0	−20.6	−2,395	364
Cash from investing	−12.1	−26.5	−60.6	−66.4	−2,456	317
Financing activities
Financing cash flow items	−76.8	−5.0	−15.8	−1.4	−80.5	−24.6
Cash dividends paid	0	0	−48.0	−48.0	−45.1	−16.6
Issuance (retirement) of debt, net	–	–	–	–	–	–
Other financing cash flows	39.9	−346	30.1	−278	819	1,039
Cash from financing	−36.9	−351	−33.7	−327	693	998
Foreign exchange effects	–	–	0	0	0	0.1
Net change in cash	4.1	−11.5	17.3	−82.5	−1,526	1,593
Free cash flow	6.5	300	52.0	266	176	231

Disclaimer

The financial data presented in this report is delayed and obtained from sources QDD Research believes to be reliable, including stock exchanges, SEDAR, and EDGAR. However, no representation or warranty is made as to the accuracy, completeness, or timeliness of the information. QDD Research accepts no liability for any errors, omissions, or financial losses arising from the use of this data.

This report is generated using a fully systematic and quantitative approach. All factor scores and the overall quant rating (ranging from D to A+) are derived from algorithmic models and are based solely on objective financial metrics. These scores are intended for informational purposes only and should not be interpreted as investment advice or a recommendation to buy, sell, or hold any securities.

QDD Research is not a registered investment advisor or broker-dealer and does not provide personalized financial advice. The content is not tailored to the specific investment goals, financial situation, or risk profile of any individual investor. We strongly encourage readers to consult with a licensed broker or investment advisor before making any investment decisions based on the information contained in this report.

Live quote provided by TradingView. Report data updated Nov 1, 2026 after market close.